No, you have to pull the top triple, once you get it off you will see the two bolts that hold the ign in. The bolts are torque to yield tamper bolts. When they screw them in the reach a certain torque point and the bolt head snaps off so that Mr Thief cant just unscrew them and repalce the ign with the one that he has that has his key.
They should unscrew if you can get a good centered start on them with a reverese easy out drill bit.
sneakyws6 answered you question exactly right. I did do this about 2 months ago because my bike did almost get stolen. The bolts are threaded and very hard material. Use a drill bit or center punch and dimple the center the best you can. Then get yourself an easy-out. The bolts are not in there all that tight. Good luck.
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